Tung Lok Sinks Into the Red with $1.8 Million Full-Year Loss Amid F&B Industry Woes

Tung Lok sinks into the red with $1.8 million full-year loss amid F&B industry woes

It comes after net profit for the second half year tumbled 52.1 per cent. Read more at straitstimes.com.

Yo! Sushi loses over £20m as costs rise

Yo! Sushi lost more than £20m in the year its owner was acquired for almost £500m, it has been revealed. The sushi eatery chain has reported a pre-tax loss of £22.6m for the 70 weeks to 31 March, 2024, according to delayed accounts filed with Companies House. The results, which had been due to be submitted by the end of 2024, come after its turnover totalled £138.3m for the same period. The figures compare to the pre-tax loss of £4.7m and turnov…

Tung Lok Restaurants H2 profit falls 52.1% to S$853,000 amid F&B industry woes

Tung Lok Restaurants on Friday (May 30) posted net profit of S$853,000 for its second half ended March, a 52.1 per cent decline from S$1.8 million in the year-ago period.